Mass merchant retailer Harvey Norman has posted strong half year results, with a 16.7 percent rise in sales.
Harvey Norman, which has commercial divisions and sales outlets in Australia, New Zealand, Slovenia and Ireland, chalked up sales of $2.71 billion for the six months ended 31 December 2006. The sales are a 16.7 percent increase from the same period of 2005.
During November and December rival Retravision acquired fourteen small format stores, six of which were then re-branded Harvey Norman and eight were re-branded Joyce Mayne.
Rutland Smith, general manager of computers and communications at Harvey Norman said the firm was pleased with the results.
“Flat panel displays and notebooks have done well for us. Moving forward we are excited about the launches of Microsoft Vista and the PlayStation 3,” added Smith.
Harvey Norman toast Christmas figures
By
Trevor Treharne
on
Jan 16, 2007 3:55PM
Mass merchant retailer Harvey Norman has posted strong half year results.
Got a news tip for our journalists? Share it with us anonymously here.
Partner Content
Promoted Content
How a 'micro data centre' enables your business, your way
Promoted Content
Security through visibility: supporting Essential Eight cyber mitigation strategies
Promoted Content
Tick off the ransomware bandits
Promoted Content
Vast majority of surveyed firms still rely on password authentication
Sponsored Whitepapers
Planning before the breach: You can’t protect what you can’t see
Beyond FTP: Securing and Managing File Transfers
NextGen Security Operations: A Roadmap for the Future
Video: Watch Juniper talk about its Aston Martin partnership
Don’t pay the ransom: A three-step guide to ransomware protection
